Northcote Energy disposes of equity investment in CEB Resources

Northcote has disposed of its entire equity investment in CEB Resources plc, the AIM quoted investment vehicle focused on pursuing opportunities in the Indonesian oil and gas sector.

Northcote retains its option to participate in up to 12.5% of CEB's participation in any concessions or other oil and gas transactions that it secures in Indonesia for a period of five years and looks forward to working closely with CEB's world class management team.

Related links

New Chief Executive Officer of Aker EnergyFeb 23, 2018 Jan Arve Haugan has been appointed as Chief Executive Officer of the newly established oil company Aker Energy, effective 1 March 2018. Haugan is currently the President & CEO of Kværner ASA.